One of the world’s top digital asset managers, Grayscale Investments, has recently launched two new single-asset trusts, Grayscale Walrus Trust & Grayscale DeepBook Trust. It provides direct exposure to investors managing the infrastructure of the Sui blockchain through DEEP and WAL tokens. This modern approach of Grayscale’s expansion exceeds its conventional SUI token offerings into the granular protocol layer of the burgeoning Sui ecosystem.
This trust functions as a central limit order book (CLOB), which offers ultimate liquidity infrastructure tailored for SUI-based DeFi protocols. Their aim is to reduce latency and boost price execution, so this makes DeepBook crucial for institutional-grade decentralized trading.
This scalable trust is focused on the on-chain data layer. It sustains social, gaming, and enterprise applications. Walrus enables secure and efficient data storage with a chain-agnostic architecture. It crosses multiple blockchain networks.
The launch of Grayscale shows a growing institutional focus on blockchain infrastructure as opposed to only native tokens. The product portfolio of this firm is now expanding beyond just Layer-1 exposure. It brings investor attention to the mechanisms that empower scalable, real-world blockchain applications.
Adeniyi Abiodun, Co-Founder and CPO of Mysten Labs, praised the move as “a seminal moment in the journey of the Sui ecosystem,”. This affirms that both DeepBook and Walrus are fundamental building blocks for the blockchain’s next generation of applications.
The launch of these trusts comes amid powerful activity and investor trust in the Sui ecosystem:
Recently, Sui’s DeFi protocols have reached a maximum of $2.3 billion, reflecting expanding on-chain usage.
It made headlines by launching a Sui treasury because it raised $441 million in July and another $500 million in August. It provides direction for investments toward SUI tokens.
These developments show a maintained institutional push into the Sui ecosystem combined with Grayscale’s new offerings.
Grayscale issued warnings despite the keenness.
Grayscale is gambling on long-term, utility-driven growth rather than theoretical token plays by pinpointing the infrastructure layer. These protocol-level trusts provide investors a more subtle entry point into the blockchain space. As Sui’s ecosystem continues expanding with powerful technical capacities, institutional engagement, and growing application-building activities.
